Women entrepreneurs to be offered loans

KARACHI: The First Women Bank Limited (FWBL) will offer loans to women entrepreneurs for establishing beauty saloons, a statement said on Tuesday.

The bank signed an agreement with Depilex, a leading brand in beauty therapy, to empower women and facilitate FWBL ATM cardholders, it said.

Depilex is one of the oldest and largest brands in the field of beauty therapy, cosmetology and hair sciences in Pakistan with over 30 years of experience. The company has international centre in Dubai and branch offices in the UAE and the United States.

Under this agreement, both the organisations will cooperate each other in two areas with a purpose to provide quality services.

Professional beauty training will be imparted to women for building their career through FWBL Business Development and Training Centres and Depilex Institute nationwide at the discounted rate of 20 percent.

“FWBL will also offer loans to successful trainees who intend to establish their own beauty salons,” the statement said.

“However, ATM cardholders of the bank will get 15 percent discount at Depilex for various services,” it added.